The Nigerian insurance industry has been urged to increase its capacity, technology, and trust. This is necessary to drive the nation's $1trn economy. The industry regulator, NAICOM, made this call, emphasizing the need for reforms.
Further details about the required reforms are available, providing insight into the steps needed to enhance the industry's role in the economy.
Information on the proposed reforms can be found through additional sources, offering a deeper understanding of the industry's potential impact on the economy.
Good morning! Here is today’s summary from Nigerian newspapers: 1. The presidential candidate of the Nigeria Democratic Congress, NDC, Mr Peter Obi, has rekindled hopes for further talks on a coalition among opposition parties, saying the decision lies with the parties involved. ...
By Sekinat Osundiji Political activist and Nigeria Democratic Congress member, Aisha Yesufu, has said supporters of the party’s presidential candidate, Peter Obi, will not rely solely on electoral institutions to protect their votes in the 2027 presidential election. Yesufu said ...
A 19-year-old woman, identified as Ugo Rejoice, has pleaded against the imprisonment of her father, Uche Didie, after accusing him of sexually abusing her over several years in Lagos. Ugo said the alleged abuse began in 2019, when she was 12, and continued until she opened up abo...
Troops of 152 Task Force Battalion in Banki, Borno State, have received a suspected terrorist who surrendered through the Chadian Defence Forces, CDF. The development was contained in a post shared by security analyst and counter-insurgency expert in the Lake Chad region, Zagazol...
The Acting Commander, 1 Brigade, Nigerian Army, Colonel Joseph Umaru, has directed commanders and troops under the brigade’s area of responsibility in Kebbi State to intensify intelligence-led operations against bandits and other criminal elements. Umaru gave the directive during...
Nigerian content creator Carter Efe has vowed to beat entertainer Speed Darlington when they meet in the ring on October 1, citing Speed’s comments about singer Burna Boy as one of the reasons for his determination. Carter made the statement during a heated face-off with Speed ah...
A 39-year-old Nigerian businessman and Lagos real estate CEO, Edwin Omokhuale, has been arrested in Dublin, Ireland, over an alleged $23 million fraud involving an Australian mining company. The UK National Crime Agency, NCA, announced the arrest in a report published on Septembe...
Another petrol price hike looms in Nigeria as Brent crude surges to $107 per barrel due to the ongoing US-Iran conflict disrupting global oil supplies. Read More: https://punchng.com/crude-hits-107-fresh-petrol-price-hike-looms/...
The Nigeria Labour Congress has issued a seven-day ultimatum threatening an indefinite FCT strike over unresolved teachers’ promotion grievances. Read More: https://punchng.com/nlc-threatens-fct-strike-over-teachers-promotion-grievances/...
The NNPC plans to deploy 70 smart self-service filling stations across Nigeria, offering petrol, EV charging, and digital payments within six months. Read More: https://punchng.com/nnpc-to-deploy-70-self-service-filling-stations-nationwide/...
Lagos State has recorded a 92% increase in individual tax filings and an 11% rise in corporate filings, boosting overall tax revenue by 29%. Read More: https://punchng.com/lagos-records-92-rise-in-individual-tax-filings/...
